Medical Plans Preferred Provider Organization PPO PPO plans offer flexibility in choosing healthcare providers, allowing you to see both in-network and out-of-network providers. These plans typically involve copayments, coinsurance, and deductibles. Health Maintenance Organization HMO HMO plans require you to select a primary care physician PCP) and obtain referrals for specialist care. They generally have lower out-of-pocket costs but offer a more limited provider network. High Deductible Health Plan HDHP HDHPs feature higher deductibles and lower premiums, often paired with a Health Savings Account HSA) for tax-advantaged savings. They are ideal for individuals seeking lower monthly premiums and who are willing to manage higher out-of-pocket costs. Exclusive Provider Organization EPO EPO plans offer coverage exclusively for in-network providers, similar to an HMO, but without the requirement for a primary care physician PCP or referrals. 5